924 Walnut Street, San Gabriel, California 91776, San Gabriel, 91776 - 2 bed, 1 bath
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924 Walnut Street
San Gabriel, California 91776
ACTIVE
CONDITION: POOR
2Beds
1Baths
864Sq Ft
7,554Lot Size
Property Price
LIST PRICE$950,000
EST. MARKET VALUE
$885,745
7% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $950,000—positioned above the $885,745 Fair Market Value by 7%. While the property requires a full rehab given its Condition Rating of 5, the expansive 7,554 sq ft lot provides significant Development Potential for ADU additions or structural expansion. Located in the San Gabriel Unified district, this asset is ideal for Buy-and-Hold Investors or Contractors seeking to capitalize on the strong upside potential of an established residential neighborhood.
Estimated Market Value
$885,745
Based on Realkey algorithm analyzing recent comparable sales in San Gabriel.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 924 Walnut Street Subject | $950,000* List Price | 2 | 1 | 864 | $1,025 | - |
A 519 Pearl Street Sold | $878,000 | 2 | 1 | 672 | $1,307 | 0.2 mi |
B 613 E Wells Street Sold | $890,000 | 2 | 1 | 1,064 | $836 | 0.4 mi |
C 8240 E Live Oak Street Sold | $760,000 | 1 | 1 | 600 | $1,267 | 0.8 mi |
D 410 Sunset Active | $950,000 List Price | 2 | 1 | 880 | $1,080 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1947 (77 years old) with no evidence of major renovations. The listing explicitly suggests a need for restoration and renovation, and the presence of window AC units indicates a lack of modern HVAC systems. While currently tenanted, the age and description point to a property requiring a full rehab.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7554, living area = 864.
- Significant Development Potential
The oversized 7,554 sq ft lot offers exceptional opportunities for expansion, outdoor living enhancements, or the addition of an ADU, providing substantial value-add potential.
- Prime Residential Location
Situated in a quiet, established San Gabriel neighborhood near Lincoln School, the property enjoys a highly desirable setting close to local amenities and major transportation routes.
CONSRISKS & DEFICIENCIES
- Limited Interior Square Footage
At only 864 sq ft with a 2-bedroom, 1-bathroom layout, the current living space is quite small and may require immediate expansion to suit modern family needs.
- High Price Per Square Foot
The list price reflects a premium for the land and location, resulting in a high price-per-square-foot that may be difficult to justify for buyers not intending to renovate or expand.
About 924 Walnut Street
Charming single-family residence located in a quiet San Gabriel neighborhood near Lincoln School. Built in 1947, this 2-bedroom 1-bath home offers 864 sq ft of living space on a generous 7,554 sq ft lot. This property presents a great opportunity for buyers looking to restore, renovate, or expand in an established residential area. Convenient location close to schools, local amenities, and major transportation routes. Spacious lot provides excellent potential for outdoor living, future additions, or ADU possibilities (buyer to verify). A rare opportunity in a desirable neighborhood with strong upside potential. * Tenants are in process of moving. Interior is nice, just full of boxes.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 7,554 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.2 |
| Square foot | 864 | 1,686.375 |
| Lot Size | 7,554 | 7,839.563 |
| Price | $950.0K | $1.37M |
| Price per sq ft | $1.1K | $751 |
| Built year | 1947 | 1941 |
| HOA | $0 | $147 |
| Days on market | 72 | 46 |
Pricing History
Listed for Sale
Aug 26, 2026
$950,000
$965,000
-2% Price Drop
Initial Listing
Price Change
Jul 24, 2026
$965,000
$1,000,000
-4% Price Drop
Initial Listing
Price Change
Jun 29, 2026
$1,000,000
Initial Listing